Category Archives for "Music Industry News"
October 31, 2017
Austrian Audio Founders On My Latest Inner Circle Podcast
Recently Harman International decided to close its AKG Vienna operation, which was a real shame after 70 years of being an industry leader in microphone and headphone technology (I bet you have at least 1 AKG product in your audio toolbox). Usually a closure like that means that a lot of good people and industrial […]
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October 29, 2017
Sony Music Pledges Money To Save London Music Venues
Music venues all over the world have been having a tough go of it for a while now, as gentrification of neighborhoods has brought much higher rents, increased taxes and insurance requirements, and new noise control laws. London has been particularly hard hit, losing 35 percent of its grassroots music venues between 2007 and 2015, when […]
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October 27, 2017
Young Music Consumers Still Buy Music
By now we’ve been conditioned to the fact that most music consumers, especially the youngest ones, have totally converted to streaming and wouldn’t even think of purchasing a download or CD. If you believe that then you’re wrong. A new report from the IFPI entitled Music Consumer Report 2017 outlines how people around the world […]
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October 25, 2017
Can The Billboard Charts Be Valid Without Including YouTube?
Determining the position of a song or album on the Billboard charts used to be so easy when it was based strictly on sales, but not anymore. Those days are now long gone as music is consumed on a dizzying array of platforms with sales playing less and less of a factor. To its credit, […]
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October 23, 2017
Warner Music Owner Takes Control Of Deezer
Even though Deezer has been available in North America for well over a year, not that many consumers are familiar with the streaming service. In France, where the service is based, Deezer is Spotify’s main competition with almost 50% of the market share. Now comes word that financier Len Blavatnk’s Access Industries has taken control […]
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October 20, 2017
Show.co Releases Pre-Save Me Tool To Encourage Fans To Pre-Save Upcoming Releases
One of the things that has vexed artists and labels in the digital age is how to excite a fanbase before a song or album is released. Sure, you can promote it, but our digital attention span is pretty limited so any pre-release promotion can fall by the wayside before the release actually happens. Show.co, […]
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October 18, 2017
RIAA Goes After A Long List Of Music Piracy Sites
Music piracy isn’t what it once was, but it’s still alive and well and the RIAA is trying to do something about it. In a  to Elizabeth Kendall, the acting assistant U.S. Trade Representative for Innovation and Intellectual Property, the industry organization outlined a number of “notorious” platforms that it claims infringes on its member’s IP. These are […]
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October 16, 2017
Avenged Sevenfold Lawsuit Could Change Label Contracts Forever
It doesn’t matter whether you know who Avenged Sevenfold is or not, the Huntington Beach, CA metal band is attempting something pretty rare in the music business that could end up changing how record label contracts are forever written. The band is challenging what’s known as the “7 year rule” that labels have employed in […]
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October 13, 2017
The Best Selling Artists Of All Time
Back in the days of physical sales, the actual number of albums sold was as big deal as they are today with streams and views. The problem was that you could never get an exact count of how many were really sold, so there were always a lot of numbers thrown around that sounded good […]
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October 11, 2017
Warner Music Does A Deal With Mixcloud
Mixcloud has announced that it has entered into a licensing agreement with Warner Music Group, and is said to also be pursuing similar deals with both Universal and Sony Music as well. The company is known as a platform for podcasts, DJ sets and radio shows that include celebrity music artists, DJs and publications like Tiesto, Moby, Erykah […]
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October 6, 2017
Microsoft Dumps Groove Music For Spotify
You’re probably not aware that Microsoft has its own streaming service called Groove Music, and that’s exactly why the company is now dumping the platform in favor of Spotify instead. The company plans to stop selling subscriptions soon and will completely phase out the service by the end of the year, which probably won’t break […]
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October 2, 2017
More Changes Come To Live Streaming
Live streaming music and video was once hailed as the next big thing online, and perhaps it still will be, but so far major interest hasn’t materialized as predicted. There are a number of companies still in the game, but a shakeout has begun as the latest round of company acquisitions has shown. Most recently, […]
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September 29, 2017
Now You Can Buy Stock In Eminem’s Music Royalties
In what may be the wave of the future, a company offering stock in rapper Eminem’s music royalties will soon hit the stock market. The new company owned by Royalty Exchange (a company that brokers royalties) called Royalty Flow filed with the U.S. Securities and Exchange Commission to raise between $11 million and $50 million via a […]
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September 27, 2017
It’s Official – Hip-Hop Dominates Music
It’s been a long time coming, but hip-hop is now the undeniable leader when it comes to music consumption. For the first time since Nielsen started tracking the music industry in 1991, R&B/hip-hop officially dominates all other genres, according to Billboard. Hip-hop now claims 25.1 percent of total music consumption, while the #2 genre, rock, can […]
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September 25, 2017
Ed Sheeran Might Change Your Mind About Making Money On Spotify
There are still many artists and musicians that believe that streaming music is the devil, even worse than piracy. The idea is that since the payout for each stream is so small, an artist is just not capable of generating any serious income online. Ed Sheeran’s “Shape Of You” might change your mind about that, […]
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